Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.071%
Price spread now: Gate against Hyperliquid−0.155%7-day average −0.174% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1691.689% of the position
Funding, last 7 days−0.187%−$19 on $10k
+Price spread, last 7 days+0.089%+$9 · spread now −0.155%, 7d avg −0.174%
=Together, before fees−0.098%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SPX | 0.5045 | 0.0100 | pay 0.0013% / 1h | 56m 27s | $9.7M | $7.5M | 5x |
| Short | Gate SPX_USDT | 0.5037 | 0.0100 | get 0.0050% / 4h | 56m 27s | $1.0M | $493K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.155% → −0.174%
- $1.96
- Slippage, 4 orders
- −$144.87
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$166.9
- Costs to cover
- 1.689%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; Gate: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 6 min ago | 1.91 bp | 11.8 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 7.93 bp | 66.4 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
SPX on 19 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SPXUSD | −0.1182% | 1h | 0.5044 | −0.016% | $240K | $560K | 20x | as long as short |
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −1.304% | $9 | $4K | 5.5x | as long as short |
| Variational Omni SPX | +0.0044% | 4h | 0.4974 | −1.407% | $840K | $1.3M | — | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5043 | −0.034% | $116K | $318K | 5x | as long as short |
| Hyperliquid SPXlong | +0.0100% | 1h | 0.5045 | long leg | $9.7M | $7.5M | 5x | |
| Aster SPXUSDT | +0.0100% | 4h | 0.5030 | −0.300% | $127K | $108K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5047 | +0.044% | $4.9M | $20.8M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5038 | −0.135% | $11.5M | $15.9M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5047 | +0.044% | $968K | $2.8M | 20x | as long as short |
| Gate SPX_USDTshort | +0.0100% | 4h | 0.5037 | −0.155% | $1.0M | $493K | 50x |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SPX_USDT | +0.0100% | 4h | 0.5047 | +0.044% | $11.3M | $4.7M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5038 | −0.135% | $3.8M | $5.3M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5046 | +0.024% | $2.6M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5042 | −0.056% | — | $6.9M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5006 | −0.769% | $45K | $247K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5051 | +0.123% | $20K | $711 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5033 | −0.234% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5042 | −0.065% | $34K | $228K | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5035 | −0.194% | $245K | $959K | 75x | as long as short |
Hyperliquid SPX
Gate SPX_USDT
Kraken Futures PF_SPXUSD
Injective SPX/USDC PERP
Variational Omni SPX
Lighter SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
SunX SPX-USDT
Extended SPX-USD
BloFin SPX-USDT